India pitches trillion dollar infrastructure investment opportunity for US
India is looking for $1 trillion dollars in financing by 2017 to build new highways, bridges, ports and canals, Finance Minister Pranab Mukherjee told potential US investors in Washington, reports the Economic Times.
If nothing much came out of trade meetings between Mukherjee and U.S. Treasury Secretary Timothy Geithner, India's finance minister succeeded in communicating the size of the opportunity on the horizon.
Currently, bilateral trade between India and the U.S. is about $49 billion annually, ET said, compared with America's $456 billion bilateral trade with China.
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